501 N Main ST, Burnet TX 78611

The market data from 7 similar recent sales in STEVENS points to a value of approximately $351,174. To sell within a reasonable timeframe at fair market value, the $456,000 to $514,000 range is where I'd position this. In the current STEVENS market with 5 similar homes available, this price represents the most affordable of 5 comparable homes on the market. The 426 sqft size difference versus comparable sales is reflected in the adjusted values. The 1946 construction puts this home 51 years older than the comp average, a factor in the pricing. With 5 similar homes currently listed in STEVENS (a buyer's market), competition is a factor to consider. In 78611, home values have risen approximately 0.6% over the past 6 months. One of the strongest data points is 312 Evergreen ST, Burnet TX 78611, adjusting to $307,158; with a larger floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group